Blue Knights reveal takeover bid for Rangers as other suitors gather

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Paul MURRAY and Brian Kennedy last night confirmed they had issued takeover proposals for Rangers ahead of the deadline set by the club’s administrators.

Reports also claim an American consortium has submitted a bid for the Ibrox club on the day Duff and Phelps had asked for first indicative bids.

Murray’s ‘Blue Knights’ consortium revealed they had lodged a formal bid in a statement released by financial backers Ticketus. “We firmly believe that our bid is in the best interests of the club and its fans,” former Rangers director Murray said.

“We’re ready to go, we have the finances in place and we want to get the club stabilised as quickly as possible.

“Like every other Rangers fan, I’d love there to be some certainty about the future of our club before next weekend’s Old Firm game.

“It would provide a massive boost to the team and its fans ahead of such an important game. To our mind there is no reason why that can’t be achieved – we hope the administrators will agree.”

Kennedy’s bid was confirmed by his Sale Sharks rugby union club.

A brief statement read: “Brian Kennedy confirms he has lodged his bid with the administrators.”